South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co has ordered from Huisman a 2,600mt Leg Encircling Crane (LEC), to be installed on Eneti’s newbuild wind turbine installation vessel (WTIV).'The new Leg Encircling Crane has a 147-meter long boom…
South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) has won an order to build a fixed offshore platform for the Al-Shaheen oil field in Qatar.The order, worth around KRW 725.3 billion ($635,3 million) was made by the North Oil Company (NOC)…
Green Investment Group (GIG), part of Macquarie Group, has selected the UK-based engineering firm Offshore Design Engineering (ODE) as the Owner’s Engineer and Package Manager for its offshore wind farms in South Korea.Under the contract, ODE will manage a range of packages including foundations…
Singapore unveiled on Wednesday one of the world's largest floating solar panel farms, spanning an area equivalent to 45 football fields and producing enough electricity to power the island's five water treatment plants.The project is part of…
Oil major Shell has signed a five-year contract with PetroChina to supply the Chinese company with carbon-neutral liquefied natural gas (LNG) cargos, Shell said on Monday.Many companies, particularly those in the fossil fuel industry are using…
Malaysia has appointed Mohd Bakke Salleh as the chairman of state energy firm Petroliam Nasional Berhad (Petronas), the prime minister's office said on Monday.The change comes as Petronas is recovering from a demand slump caused by the COVID-19 pandemic…
When the first gas from CNOOC Ltd's new ultra-deep field in the South China Sea started flowing in late June to the world's largest customized floating platform 1,500 meters above the sea bed, it marked a key phase in China's gas drive.For CNOOC…
Danish engineering company Ramboll has said it has secured five contracts in the past ten months for offshore wind farms located in Japan, China, Taiwan, and South Korea, and that it expects fivefold offshore wind business growth in the region in the next five years…
A United Nations human rights investigator called on countries on Wednesday to impose economic sanctions on Myanmar's oil and gas sector to cripple the junta that took power five months ago.Myanmar has been in crisis since the military ousted Aung San Suu Kyi's elected government on Feb…
Malaysia's state oil firm Petronas has signed a 10-year liquefied natural gas (LNG) supply agreement with a subsidiary of China's offshore oil and gas major CNOOC Ltd valued at about $7 billion, the firm said on Wednesday.Petronas, or Petroliam Nasional Berhad…
Oslo-listed floating wind tech developer BW Ideol has signed a deal with Japan's largest oil refiner Eneos to develop a site-specificcommercial-scale floating offshore wind farm off Japan.The floating wind farm would be based on BW Ideol's patented Damping Pool technology…
Singapore's Strategic Marine has delivered a 42-meter Fast Crew Boat (FCB) for Centus Marine Sdn Bhd. The handover ceremony for the first of a pair of FCB's took place on June 24, 2021 at Strategic Marine’s Singapore shipyard.The vessel, named Centus Nine…
Norwegian group Crown LNG has signed a deal with Aker Solutions as the main contractor to deliver a concrete gravity-based structure (GBS) for Crown’s offshore LNG terminal at Kakinada, India.Under the agreement, Aker Solutions and key subcontractors…
Malaysian FPSO provider Yinson has secured a contract extension for the PTSC Lam Son FPSO in Vietnam with Vietnam's PTSC AP.The 243 meters long Lam Son FPSO, able to produce 15,000-20,000 barrels of oil per day (bopd), with a storage capacity of up to 650…
Offshore wind installation company Cadeler has ordered two new X-class wind turbine installation vessels from China's COSCO SHIPPING Heavy Industry.The total order amounts to $651 million, so $325.5 million per vessel. According to Cadeler, the new vessels will…